Eli Lilly: Breakthrough Trial Results Set Stage for Market Growth, Stock Gains

)), just completed a clinical side-by-side trial. After 72 weeks of testing on 750 obese or overweight adults with at least one medical problem, Eli Lilly came out ahead by a substantial margin. Per Eli Lilly:. On average, Zepbound led to a superior weight loss of 20.2% compared to 13.7% with Wegovy.

As shown, in both the average monthly cycle and the average Presidential election year, the market tends to weaken mid-month as mutual funds make their annual distributions. Furthermore, the BLS data has been revised to a much larger extent than ADP. The second graph below shows that small and medium-sized businesses continue to see weakening trends. To wit, small business payrolls fell by 17k, the fourth decline in the last five months. This is likely a function of higher interest rates having a much more significant impact on smaller companies.

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Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and moreThese are the stocks posting the largest moves in midday trading.
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Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks riseEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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